ZIP Code 46032
standardSource:
Carmel · Hamilton County · Indiana
- Population
- 42,234
- Median income
- $132,085
- Median home value
- $496,800
- Bachelor's or higher
- 75.5%
- Land area
- 66.9 sq mi
632/sq mi
▲ 73% vs US
higher than 93% of US ZIPs
▲ 79% vs US
higher than 87% of US ZIPs
Median age 39.9
Indiana/Indianapolis
ZIP code 46032 in Carmel, Indiana has a population of 42,234. The median household income is $132,085, which is 73% above the national average. Median home value is $496,800, 79% above the US average. 75.5% of residents hold a bachelor's degree or higher.
ZIP code 46032 is classified by USPS as a standard delivery area and covers roughly 66.9 square miles in Carmel, Hamilton County, Indiana. The area is home to 42,234 residents, producing a population density of 632 people per square mile, and falls within the Indiana/Indianapolis time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 46032 against Indiana and the nation.
On the economic side, the median household income for ZIP 46032 sits at $132,085 (79% above the Indiana average), while per-capita income is $78,612. The poverty rate stands at 4.9% and the unemployment rate at 2.9%. On housing, the median home value is $496,800 (157% above the state average) with median rent at $1,642 per month, and 66.5% of occupied units are owner-occupied, a direct signal of whether 46032 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 75.5% of adults hold a bachelor's degree or higher, the median age is 39.9, and the average commute is 24 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hamilton County, so you can benchmark 46032 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 46032
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 46032.
- Professional, scientific, and technical services
Professional, scientific, and technical services
460 establishments
- Health care and social assistance
Health care and social assistance
427 establishments
- Finance and insurance
Finance and insurance
264 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
238 establishments
- Retail trade
Retail trade
237 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 46032, Carmel, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
42,234
Population
66.9
Area (sq mi)
632
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46032?
39.9
Median Age
48.4%
Male
51.6%
Female
13.9%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$132,085
Median Household Income
+79% vs state
$78,612
Per Capita Income
4.9%
Poverty Rate
2.9%
Unemployment Rate
23.8 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
22,194
Total Housing Units
20,557
Occupied Units
1,637
Vacant Units
2.49
Avg Household Size
Occupancy Type
$496,800
Median Home Value
+157% vs state
$1,642
Median Rent
1999
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+3.6%
YoY Change (2024)
255
HPI Index (2000 = 100)
+155%
Total Change Since 2000
Home values in ZIP 46032 have increased 3.6% over the past year (2024). Since 2000, this ZIP has seen +155% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.1% | 169 |
| 2021 | +11.4% | 189 |
| 2022 | +18.6% | 224 |
| 2023 | +10.1% | 247 |
| 2024 | +3.6% | 255 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 2,662 business establishments in ZIP 46032, employing approximately 51,317 people with a combined annual payroll of $4,004,963,000.
2,662
Businesses
51,317
Employees
$4.0B
Annual Payroll
18
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 460 | 17.3% |
| Health care and social assistance | 427 | 16.0% |
| Finance and insurance | 264 | 9.9% |
| Real estate and rental and leasing | 238 | 8.9% |
| Retail trade | 237 | 8.9% |
| Other services (except public administration) | 233 | 8.8% |
| Accommodation and food services | 213 | 8.0% |
| Wholesale trade | 119 | 4.5% |
| Construction | 106 | 4.0% |
| Administrative and support and waste management and remediation services | 106 | 4.0% |
| Educational services | 62 | 2.3% |
| Arts, entertainment, and recreation | 59 | 2.2% |
| Manufacturing | 36 | 1.4% |
| Information | 35 | 1.3% |
| Management of companies and enterprises | 31 | 1.2% |
| Transportation and warehousing | 27 | 1.0% |
| Industries not classified | 4 | 0.1% |
| Utilities | 3 | 0.1% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 46032 vs 46290 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 46290 | Indianapolis, IN | 170 | 2.2 mi |
| 46074 | Westfield, IN | 26,745 | 4.9 mi |
| 46260 | Indianapolis, IN | 32,406 | 4.7 mi |
| 46280 | Indianapolis, IN | 6,793 | 3.4 mi |
| 46033 | Carmel, IN | 34,889 | 4.6 mi |
| 46240 | Indianapolis, IN | 18,731 | 4.8 mi |
| 46268 | Indianapolis, IN | 24,965 | 5.7 mi |
| 46077 | Zionsville, IN | 24,512 | 6.1 mi |
| 46208 | Indianapolis, IN | 22,239 | 9.8 mi |
| 46228 | Indianapolis, IN | 14,755 | 8.2 mi |
More ZIP Codes in Hamilton County
Related Areas
Frequently Asked Questions
What county is ZIP code 46032 in? ▼
What is the population of ZIP code 46032? ▼
What is the median household income in ZIP 46032? ▼
What is the average home value in ZIP 46032? ▼
What is the demographic makeup of ZIP 46032? ▼
How many businesses are in ZIP code 46032? ▼
What are the main industries in ZIP code 46032? ▼
How have home values changed in ZIP code 46032? ▼
What is the education level in ZIP code 46032? ▼
What is the average commute time in ZIP 46032? ▼
What percentage of residents own vs. rent in ZIP 46032? ▼
What is the poverty rate in ZIP code 46032? ▼
ZIP Code Research Guides
Official Data Resources for Carmel, IN
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.